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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Rare find! In the heart of Halifax's lively Hydrostone District lies this modern gem?a fully renovated duplex offering a hassle-free income stream in the sought-after North End. Bakeries, cafes, gift shops and restaurants are all at your fingertips in this neighbourhood. With COR zoning it is currently operating as two thriving Airbnb units. Whether you are planning to buy with your best friend, owner occupy one unit and rent the other, or continue with short-term renting, this property is a savvy investment opportunity. Features include sleek upgrades like quartz countertops, large windows, ductless heat pumps, in-suite laundry, decks and even a gym area in the lower unit. Sold fully furnished, it's your one in a million chance to plug and play and own a slice of Hydrostone luxury. Seller would like to honour Airbnb bookings until the beginning of Sept. Quick closing available if buyer wants to continue as an Airbnb or close September 2nd if not. (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
3188/3190 Isleville Street
Postal Code
B3K3Y3
Location Highlights
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Listed by
Royal LePage Atlantic Nova Scotia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$899,900
Asking Price
$899,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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